Zim to Spend $1.36b on Container Ships
Zim Integrated Shipping Services Ltd. announced last week it would buy up to eight new mega container ships for $170m each, for a total of $1.36b. The company said…
Burger Boat Launches Areti I
The Burger Boat Company launched Areti I on September 9, 2007. Areti I is the first of two identical 127-ft. (38.7m) tri-deck yachts to be launched this year, with…
Awilco Awarded Additional Option at Yantai Raffles
Awilco Offshore ASA (AWO) has been awarded an option to build a possible fifth semi submersible drilling rig at Yantai Raffles Shipyard. The option can be exercised until end December 2008…
Seaspan, Cosco Agree to $1.9b Lease
According to Bloomberg, Seaspan Corp., will lease eight container vessels to a unit of China Cosco Holdings Co. for $1.9b. Cosco Container Lines Co., will pay a daily fee of $55…
Genco to Sell Handymax Vessel
Genco Shipping & Trading Limited announced that it has reached an agreement to sell the Genco Commander, a 1994-built Handymax vessel to Dan Sung Shipping Co. Ltd.
Rodriguez: Small Yard Can Do
Joey Rodriguez was visiting one of the Gulf Coast�s major shipyards recently. To which the CEO responded, “And I am intimidated by what you are able to build without…
Northrop Grumman Wins Sub Repair and Maintenance Contract
Northrop Grumman Newport News subsidiary AMSEC was awarded a contract by the U.S. Navy for submarine work in San Diego. U.S. Northrop Grumman Corporation was awarded a contract by the U.S.
Giuseppe Bottiglieri Buys Two Bulk Carriers
Giuseppe Bottiglieri purchased two more newbuildings at Chinese shipyard Jiangsu Yangzijiang. The President of Giuseppe Bottiglieri di Navigazione SpA shipowning…
Sea Recovery selects Martinez Marine Service
Sea Recovery Corporation has appointed Martinez Marine as its sole Caribbean distributor for sales, service and warranty claims. Martinez Marine, a leading dealer of boating hardware…
Fratelli Cosulich Mourns Loss of Chairman
Callisto Gerolimich Cosulich, chairman of the multi-faceted shipping group Fratelli Cosulich, passed away on September 5, 2007, at the age of 95. Callisto Cosulich had been group chairman since 1977…
ACP Requests Proposals for Pacific Entrance Dredging
The Panama Canal Authority (ACP) has released its request for proposal (RFP) for the Canal’s Pacific entrance dredging. Different from the dry excavation, this project…
ACP Issues RFP for Massive Dredging Project
proposal (RFP) for the Canal’s Pacific entrance dredging. ships can reach the new locks. maximum level of -15.5 meters Mean Low Water Springs (MLWS). “The Pacific…
Governor Carcieri Visits OceanTech Expo
Rhode Island Governor Donald L. Carcieri took time from his busy schedule to visit with the exhibitors and delegates of the OceanTech Expo (OTE), which was held from September 5-7…
EU Project IMPROVE Aims to Build Better Ships
The EU-funded IMPROVE project is developing three next generation ship designs in an effort to keep the competitiveness of European shipbuilding afloat. As competition from the Far East intensifies…
Vinashin Plans Investment
According to reports, Vinashin has obtained the go-ahead from central Vietnam’s Khanh Hoa province to invest in series of industrial parks and urban projects in Cam Ranh Bay.
Boeing Wins Navy Contract
The Boeing Co., Anaheim, Calif., is being awarded $21.3m contract modification under previously awarded contract (N00030-07-C-0002) to exercise options for TRIDENT…
This Day in Naval History - Sept. 11
1814 - In the Battle of Lake Champlain, Commodore Thomas Macdonough defeats a British Squadron. 1939 - USS Bear (AG 29) is commissioned by the U.S. Navy for Antarctic…
ITT to Provide Night Vision to Navy and Coast Guard
ITT Corporation has received a contract to provide night vision equipment to the U.S. Navy and Coast Guard through 2012. The Naval Surface Warfare Center, Crane Division…
Veson Nautical Opens New Office
Veson Nautical announced at the 23rd Asia-Pacific Petroleum Conference (APPEC) the opening of its newest location in Singapore and the addition of Jesse DiIanni…
Coast Guard Cutters Reach Construction Milestones
The stern is landed on NSC 2. The lift marks the 34th unit erected on board Waesche. Corporation reached construction milestones on two U.S. assets. (WMSL 751)…
